Comdoll Trading Kit (Oct 6-10, 2014): Market Preview

What’s in store for the comdolls this week? If you’re planning on trading AUD/USD, USD/CAD, or NZD/USD, don’t forget to mark these potential inflection points and forex market events.

Significant Levels to Watch Out For

AUD/USD

USD/CAD

NZD/USD

Week Open (WO)

0.8682

1.1243

0.7770

Previous Week High (PWH)

0.8828

1.1271

0.7927

Previous Week Low (PWL)

0.8643

1.1072

0.7709

Top Weekly ATR (tWATR)

0.8755

1.1314

0.7846

Bottom Weekly ATR (bWATR)

0.8610

1.1173

0.7694

Other significant levels

0.8600, 0.8700

1.1300, 1.1200

0.7850, 0.7700

In case you’re wondering what ATRs are all about and how I computed those figures, make sure you check out my entry explaining my trading strategies. And if you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:

Forex Comdoll Calendar

Got any comdoll trade ideas you’d like to share? Post ’em right here!

Cheers,

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This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.

About Happy Pip

I am HappyPip, lady trader of the Commodity Dollars or "ComDolls!" We will look at price action of the Australian Dollar, New Zealand Dollar, and the Canadian Dollar, as well as their respective economies, and how commodities prices may affect their long term movements. Put on a "happy face" and come join me, won't ya! :)

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